ATLANTA – Clearwave Corp., which sells a kiosk that lets medical facilities of all sizes authenticate insurance eligibility and verify patient identification, has raised nearly $5 million of a $7 million equity offering.

The company’s Healthcare’s Authentication Network and Kiosk (HANK) provides a solution for organizations to authenticate eligibility for insured patients while giving the uninsured and self-pay patients the ability to provide basic household and personal information before services are rendered.

The company says it has connections to 95 percent of all health insurance payers in the market.

Patients check-in through a self-directed process at the kiosk, which the company notes also saves staff time.

The current offering has been open for more than a year.

Clearwave raised a $5 million B round in 2003.

Southeast Venture Conference, February 29 – March 1, 2012 at the Ritz Carlton in Tysons Corner, VA – Where Smart Money Meets Smart People.
www.seventure.org

© 2010, TechJournal South. All rights reserved.

Tags: Atlanta, financing, Healthcare, payment soluitons